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By James D. Wolfensohn

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In such cases, the development community should work to help sustain these reforms and increase their returns. The role of development assistance: Country examples and cross-country evidence This paper aims to assess how development assistance has contributed to the development progress of recent decades. Development assistance encompasses 36 The Role and Effectiveness of Development Assistance both financial and nonfinancial instruments that are aimed at supporting the recipient country’s efforts to accelerate growth and reduce poverty.

On the other hand, progress in these dimensions can serve as a major stimulus to growth. 34 The Role and Effectiveness of Development Assistance Globally, we see the powerful effects of policy in the dramatic reductions in infant mortality, which has fallen steadily at each level of income as a result of improvements in technology, knowledge, and policies and institutions. For example, the average country with $8,000 per capita income in 1950 (measured in 1995 dollars) would have had an infant mortality rate of 45 per 1,000 live births; by 1995, an average country at the same income level would have had an infant mortality rate of just 15 per 1,000 live births, a reduction of two-thirds.

The physical environment affects well-being in 19 A Case for Aid Millennium Development Goals (1990–2015) 1. Eradicate extreme poverty and hunger • Halve the proportion of people with less than one dollar a day. • Halve the proportion of people who suffer from hunger. 2. Achieve universal primary education • Ensure that boys and girls alike complete primary schooling. 3. Promote gender equality and empower women • Eliminate gender disparity at all levels of education. 4. Reduce child mortality • Reduce by two-thirds the under-five mortality rate.

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